The automotive industry’s Q1 figures are largely out by now alongside some more concerning developments from Tesla, so we thought it would be a good idea to go through the most interesting figures and those most important in the electric vehicle (EV) space. It is worth mentioning that Q1 is consistently a difficult quarter for the automotive industry, but particularly for EVs, as subsidies tend to change at the end of the year which pulls demand forwards into Q4 of the year before at the expense of Q1. Tesla (or more accurately Musk) has announced that since cutting 10% of its global workforce already, this isn’t going far enough to reducing costs and maintaining its competitive advantage. Musk then subsequently…